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Tanglewood Wealth Management, Inc.

1400 POST OAK BLVD SUITE 800, HOUSTON, TX 77056 • 713-840-8880

Q4 2025 · Filed 2026-01-29
Market Value
$1.1B
+1.4%
Holdings
41
New Purchases
2
Added To
11
Closed
6
Reduced
15
Top 10 Concentration
87.3%
Turnover
19.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IEI 16.20% 11.62% +4.58% $177M
VEA 16.76% 15.28% +1.47% $183M
FRDM 5.28% 4.60% +0.69% $58M
AKRE 0.54% 0.00% +0.54% $6M
FNDX 3.29% 2.99% +0.29% $36M
VTI 17.33% 17.05% +0.29% $189M
FPAG 3.69% 3.57% +0.12% $40M
VGIT 7.72% 7.64% +0.08% $84M
TCAF 0.49% 0.46% +0.03% $5M
BND 0.03% 0.00% +0.03% $274K
SHY 0.06% 0.04% +0.02% $611K
GOOGL 0.10% 0.08% +0.02% $1M
IWD 0.03% 0.02% +0.01% $276K
AAPL 0.07% 0.06% +0.00% $742K
IWV 2.65% 2.65% +0.00% $29M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IEF 0.00% 5.08% -5.08% $0
VNQ 0.03% 1.73% -1.69% $354K
QQQ 4.06% 4.42% -0.36% $44M
GLD 5.22% 5.49% -0.27% $57M
SCHB 1.94% 2.20% -0.26% $21M
XLRE 0.00% 0.07% -0.07% $0
SCHH 0.00% 0.06% -0.06% $0
ACWV 0.00% 0.06% -0.06% $0
IAU 7.75% 7.81% -0.06% $85M
XLK 0.11% 0.15% -0.04% $1M
SPY 0.11% 0.15% -0.04% $1M
QUAL 2.21% 2.25% -0.03% $24M
EFA 2.49% 2.52% -0.03% $27M
IYR 0.00% 0.03% -0.03% $0
FEOE 0.18% 0.21% -0.03% $2M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 99.9%
Communication Services 0.1%
Technology 0.1%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 9 $421M 38.6%
Large Cap 21 $551M 50.5%
Mid Cap 9 $76M 7.0%
Small Cap 2 $42M 3.9%

Portfolio Analytics

Avg Market Cap
$421.5B
Median Market Cap
$48.6B
Avg P/E
25.9
Median P/E
24.8
Avg Dividend Yield
0.01%
Avg Beta
0.86
# Stocks
5
# ETFs / Funds
36

Top Holdings (41 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VTI 17.33% 563,822 $189M $335.27 $6M +4,916 +0.9%
2 VEA 16.76% 2,925,381 $183M $62.47 $18M +180,581 +6.6%
3 IEI 16.20% 1,480,366 $177M $119.35 $52M +434,416 +41.5%
4 IAU 7.75% 1,042,001 $85M $81.17 $533K -112,958 -9.8%
5 VGIT 7.72% 1,405,143 $84M $59.93 $2M +35,392 +2.6%
6 FRDM 5.28% 1,124,159 $58M $51.27 $8M +8,128 +0.7%
7 GLD 5.22% 143,657 $57M $396.31 -$2M -22,455 -13.5%
8 QQQ 4.06% 72,067 $44M $614.32 -$3M -7,150 -9.0%
9 FPAG 3.69% 1,085,742 $40M $37.10 $2M +13,153 +1.2%
10 FNDX 3.29% 1,316,823 $36M $27.21 $4M +93,348 +7.6%
11 IWV 2.65% 74,744 $29M $386.85 $426K -438 -0.6%
12 EFA 2.49% 282,825 $27M $96.03 $4K -8,019 -2.8%
13 QUAL 2.21% 121,624 $24M $198.62 -$50K -2,831 -2.3%
14 SCHB 1.94% 805,302 $21M $26.23 -$3M -116,110 -12.6%
15 VIGI 0.66% 78,446 $7M $91.45 -$109K -2,859 -3.5%
16 AKRE 0.54% 90,612 $6M $65.51 +90,612 NEW
17 TCAF 0.49% 139,779 $5M $38.22 $360K +7,625 +5.8%
18 IEFA 0.46% 55,764 $5M $89.46 $96K -269 -0.5%
19 EFG 0.21% 20,372 $2M $113.92 -$30K -270 -1.3%
20 FEOE 0.18% 41,168 $2M $48.36 -$279K -8,040 -16.3%
21 XLK 0.11% 8,465 $1M $143.97 -$440K +2,579 +43.8%
22 SPY 0.11% 1,784 $1M $681.92 -$365K -590 -24.9%
23 GOOGL 0.10% 3,372 $1M $313.00 $195K -168 -4.8%
24 SCHX 0.07% 29,249 $787K $26.91 $17K -1
25 BRK-A 0.07% 1 $755K $754,800.00 $600
26 AAPL 0.07% 2,731 $742K $271.86 $47K
27 MSFT 0.07% 1,506 $728K $483.62 -$52K
28 SHY 0.06% 7,374 $611K $82.82 $208K +2,519 +51.9%
29 EFV 0.04% 5,972 $426K $71.41 $21K
30 JEPI 0.04% 7,040 $403K $57.24 $986
31 VNQ 0.03% 3,999 $354K $88.49 -$18M -199,119 -98.0%
32 SCHD 0.03% 10,677 $293K $27.43 $1K
33 IWD 0.03% 1,313 $276K $210.34 $61K +256 +24.2%
34 BND 0.03% 3,695 $274K $74.07 +3,695 NEW
35 IDV 0.02% 5,550 $219K $39.45 $16K
36 SCHH —% -$615K -28,507 -100.0% SOLD
37 IYR —% -$325K -3,344 -100.0% SOLD
38 XLRE —% -$806K -19,128 -100.0% SOLD
39 IEF —% -$55M -567,028 -100.0% SOLD
40 SO —% -$220K -2,321 -100.0% SOLD
41 ACWV —% -$607K -5,058 -100.0% SOLD

New Positions

SymbolValue% Port
AKRE $6M 0.54%
BND $274K 0.03%

Sold Out Positions

SymbolValue% Port
SO —%
IEF —%
IYR —%
ACWV —%
XLRE —%
SCHH —%
View SEC EDGAR Filings for Tanglewood Wealth Management, Inc. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms